Vistra Corp.

VST Utilities Utilities Independent Power Producers

Vistra Corp.’s revenue for fiscal 2025 (year ended December 2025) was $17.7 billion, up 2.98% from fiscal 2024.

Revenue
−5.48%
EPS
−6.10%
Free cash flow
+401.7%
Total debt
+17.8%

Quarter to June 2026, against a year earlier

113.98 6.31 −5.25%
Market cap
$37.9B
P/E
19.0×
Fwd P/E
14.9×
Dividend yield
0.80%
F-score
5/9
Altman Z
1.40
Beneish M
−2.54
Dividend safety
59/100

Vistra Corp. (VST) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Vistra Corp. (VST) trades at a P/B ratio of 12.7×. Over the past ten years it has ranged from 0.0× (December 2016) to 31.3× (September 2025); the current reading is higher than 81% of that period. That is above the Utilities Independent Power Producers industry median of 2.5× and above the Utilities sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 20.8× 35.76%
FY2024 15.3× 209.32%
FY2023 4.9× 53.42%
FY2022 3.2× 84.75%
FY2021 1.7× 51.87%
FY2020 1.1× (19.49%)
FY2019 1.4× (2.86%)
FY2018 1.5× 18.25%
FY2017 1.2× 24.80%
FY2016 1.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 17.7× 9.26%
Mar 2026 16.2× (21.98%)
Dec 2025 20.8× (14.03%)
Sep 2025 24.2× (13.32%)
38 more quarters

Against its own ten years

Low 0.0× High 31.3×
Ten-year median 1.6×
Current reading's percentile 79

P/B ratio against peers

Company P/B ratio
DGXX Digi Power X Inc. compare 0.6×
KEN Kenon Holdings Ltd. compare 0.9×
OKLO Oklo Inc. compare 1.1×
HNRG Hallador Energy Company compare 2.3×
CEG Constellation Energy Corporation compare 2.7×
NRG NRG Energy, Inc. compare 4.1×
TLN Talen Energy Corporation compare 9.5×
VST Vistra Corp. 12.7×
ONEN ONE Nuclear Energy Inc. compare —
Utilities Independent Power Producers industry median 2.5×
Utilities sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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